United Way of Blount County

Analysis

United Way of Blount County is a registered charity in United States, based in Maryville, TN. It received its IRS tax-exemption ruling in August 1971, 55 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Way of Blount County reported income of $2.2m and spending of $2.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.2m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Blount County sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Penta Cares Foundation ($2.2m), Bob Belloni Ranch Inc ($2.2m) and Beaver County Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $191k (7.9% of expenses). Other salaries and wages came to $263k. At year end it held assets of $4.3m against liabilities of $278k, net assets of $4.1m. It reported 10 employees.